Income Protection is a monthly benefit that generally pays you up to 75% of your income and covers you for accidents, illnesses or major traumas. You will receive payments until you return to work (after your waiting period). If you can’t return to work, your income protection will continue to make payments until the end of the benefit period; commonly to the age of 65. This type of valuable protection is generally tax deductible and is designed to ensure that you can continue to pay the mortgage, put food on the table and carry on financially.
Preserving the quality of your life so that you don’t need to stress about the future is an important factor that businesses and individuals need to consider; and we’re here to help.